Terra Tour Service Ltd. will be awarded a First Class Certificate today at a ceremony in the InvestBulgaria Agency. The company will be distinguished for its investment project “Pravetz Gold Resort and Country Club”.

InvestBulgaria Agency’s CEO Stoyan Stalev will award the certificate to Agrohold’s president Vasil Zlatev.

Terra Tour Service’s investment project includes a golf complex with an 18-pit golf course with 72 par meeting PGA standards, a club house, 35 exclusive villas and a hotel complex with a total built-up area of 24,500 sq m.

The complex will be situated on a plot of over 600,000 sq m on the territory of Pravetz municipality, which has already been bought. Additional land plots have also been purchased to develop the zone further in the future. The investment, which is expected to be completed by the middle of 2010, is valued at around 71.8 mln leva.

30% of the project will be financed by Terra Tour Service Ltd. and Agrohold AD (owner of Terra Tour Service Ltd.), and the remaining 70% will come from credits. The complex is expected to create 180 jobs. 55,000 leva will be invested in professional training of the employees.

Agrohold AD was established in 1995. It manages companies and interests in commercial companies in the following fields: trade in drugs (Agroengineering-90 Ltd.), production and distribution of soft drinks (Agrima AD, Aisiko Ltd.), hotel management and tourism (Terra Tour Service Ltd., which is the owner of the travel agency Hornit Ltd., four hotels, hunting reserves, sports complex, seaside sanatorium St. Vlas, vacation complex “Helios Beach Apartments in Pomorie), etc.